Question: What are the reasons why it is so difficult for late-moving, incompatible rivals to compete in markets where a dominant, proprietary standard is present? What

What are the reasons why it is so difficult for late-moving, incompatible rivals to compete in markets where a dominant, proprietary standard is present? What is technological leapfrogging and why is it so difficult to accomplish?

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Latemoving incompatible rivals often find it challenging to compete in markets where a dominant proprietary standard is already established for several reasons Network Effects Dominant proprietary sta... View full answer

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Describe the reasons why it is so difficult for late-moving, incompatible rivals to compete in markets where a dominant, proprietary standard is present. *Please answer in 750 words*

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